The Gold Prices Newsletter

Are Gold Producers Under the Spell of the DOW? Posted: 02 Mar 2009 03:17 PM PST Chart courtesy of Stockcharts On 23 February 2009, we wrote "Today the DOW dropped 250 points to close at 7114, thus penetrating a previous important support level. If it does not recovery in the next day or so then the broader market could well be in for another battering taking it down by 15% to 20%, to around the 5700 level." Today the DOW is trading at 6761 as we write having dropped another 300 points and unfortunately is taking the Gold Bugs Index down with it (more…) Related on Gold Prices: Silver Producers: Set to Outperform the PM Sector! Agnico-Eagle Mines Limited: Opportunity or Trap? Kinross Gold Up Over 10% Since We Signalled Add to Holdings Bema Gold Mining Corp GOLD STOCKS: Update as of 13 October 2006 Also See: Uranium Stocks news and information on profiting from uranium stocks, future outlook for uranium prices and more Silver Prices for silver news and reports with real time silver prices and charts

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